Added to YB: 2025-04-07
Pitch date: 2025-04-03
SHVA.TA [neutral]
Automatic Bank Services Limited
-2.7%
current return
Author Info
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Company Info
Automatic Bank Services Limited operates payment systems for international debit cards in Israel. It serves as an infrastructure for credit card clearing; works with various credit companies as clearers and issuers; and works with distributors and manufacturers, as well as provides service to businesses; and activates the confirmation switch on the ATM devices.
Market Cap
ILS 977.2M
Pitch Price
ILS 22.23
Price Target
N/A
Dividend
N/A
Sector
Financial Services
Category
dividend
Some Updates - Automatic Bank Services Limited
SHVA.TA added to position: Israel payment processor. Q4 mixed: 30% EPS growth, 45% incremental margins, but declining take rate. 2024: 10%+ transaction rev growth despite flat GDP. 20% dividend hike. Valuation: 18.5x trailing earnings. Risks: political uncertainty, GDP impact. Bull case: 7.5% 2025 consumption growth forecast.
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